KickPad
Crypto Overview
Purpose and Utility
KickPad was launched as a decentralized launchpad platform on the Binance Smart Chain (BSC). The project aimed to provide a platform for launching new cryptocurrency projects with features like guaranteed allocation pools and anti-bot measures.
Business Model Analysis
The platform's business model focused on facilitating token launches and providing services to new cryptocurrency projects. The KPAD token was designed to grant holders access to new token launches and voting rights in the platform's governance.
Development and Usage
As of 2024, KickPad appears to be inactive with minimal to no development activity. The project's social media channels and official communications have been dormant for an extended period. Trading volumes are extremely low, and the platform is not actively being used for its intended purpose.
Token Distribution and Governance
The initial token distribution included allocations for public sale, team members, and platform development. However, due to the project's current inactive status, detailed information about current token distribution and lock-up periods is not readily available.
Crypto Impact
To assign a comfort level investing in KickPad from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to KickPad.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.